Sources: Michael Jordan agrees to sell Hornets stake for $3B

[C-40]

Sources: Michael Jordan agrees to sell Hornets stake for $3B​

Michael Jordan has agreed to sell his majority stake in the Charlotte Hornets to a group led by Gabe Plotkin and Rick Schnall for an approximate $3 billion valuation, according to league sources. The transaction ends Jordan's 13-year run as majority owner. Schnall, a minority owner with the At;anta Hawks, and Plotkin, a minority owner with the Hornets, will become the franchise's governors once the NBA completes its vetting and approval process. Jordan will continue to oversee basketball operations through Thursday's NBA draft and the start of free agency July 1. Once the sale is complete, Jordan will keep a minority stake and maintain a presence with the franchise.Jordan, a six-time NBA champion and five-time MVP, is largely considered to be the greatest player in the history of the game and has been the league's only Black majority owner. Jordan paid $275 million for a majority stake in the franchise in 2010.After a 27-55 season riddled with injuries to most of the team's top players, the Hornets hold the No. 2 pick in the draft.

Click Here For Full Story

 

[MODMAN]

Att: Charles J. Wilson aka. @blackfoot NAP ; @C-40

Subject: Cease and Desist - Disruptive Behavior


Dear Charles (@blackfoot NAP ; @C-40)

I am writing to address the persistent and disruptive activities that have become synonymous with your presence at TROLL KINGDOM. Your continuous posting of articles without any meaningful engagement, the incessant updating of threads with copied content, and the blatant use of "sock" accounts to manipulate post interactions, are detrimental to the community.

This letter serves as an explicit demand for the immediate cessation of these disruptive behaviors. TROLL KINGDOM is a space intended for substantive and meaningful discussions; your actions are not only counterproductive but actively detrimental to the community's atmosphere.

Your current online conduct reflects poorly on your own character and undermines the quality of interaction for genuine members seeking valuable discourse. It is evident that your approach deviates from the communal spirit TROLL KINGDOM strives to uphold.

I strongly urge you to reconsider your online conduct and recalibrate your approach to align with the ethos of TROLL KINGDOM. Failure to comply with this demand will leave me with no option but to escalate the matter further.

I trust that you will take this communication seriously and act promptly to rectify your online behavior.

Sincerely,